Prof Steven Landsburg: The problem with taxing capital
Dr Steven Landsburg, Professor of Economics at Rochester University, and IEA Research Director Dr Jamie Whyte examine tax rates, and how to devise a system that encourages growth.
Steven concludes that taxes on capital, often cited by many as a way to resolve inequality, are in fact a form of ‘double taxation’ – targeting wealth that has already been taxed as earnings.
To watch Prof Landsburg’s full 2017 Hayek Lecture on population, visit: https://www.youtube.com/watch?v=ftXS8…
Steven concludes that taxes on capital, often cited by many as a way to resolve inequality, are in fact a form of ‘double taxation’ – targeting wealth that has already been taxed as earnings.
To watch Prof Landsburg’s full 2017 Hayek Lecture on population, visit: https://www.youtube.com/watch?v=ftXS8…